6 days Ago By Defense World Staff
KLP Kapitalforvaltning AS bought a new position in Nextdoor Holdings, Inc. (NYSE:KIND – Free Report) in the fourth quarter, according to the company in its most recent filing with the SEC. The fund bought 29,500 shares of the company’s stock, valued at approximately $70,000.
Several other large investors have also recently modified their holdings of the stock. AXQ Capital LP purchased a new stake in Nextdoor in the 4th quarter worth about $25,000. SVB Wealth LLC purchased a new stake in shares of Nextdoor in the fourth quarter worth approximately $27,000.
US Bancorp DE purchased a new stake in shares of Nextdoor in the fourth quarter worth approximately $29,000. Cibc World Markets Corp bought a new stake in shares of Nextdoor during the 4th quarter worth approximately $38,000. Finally, Virtu Financial LLC bought a new position in Nextdoor in the 4th quarter valued at $41,000.
Institutional investors own 35.66% of the company’s stock. Nextdoor Trading Up 1.
5 %Shares of KIND stock opened at $1.49 on Friday. Nextdoor Holdings, Inc.
has a twelve month low of $1.35 and a twelve month high of $3.00.
The stock has a fifty day simple moving average of $1.97 and a two-hundred day simple moving average of $2.30.
The stock has a market capitalization of $576.36 million, a price-to-earnings ratio of -4.66 and a beta of 1.
16. Nextdoor (NYSE:KIND – Get Free Report) last released its quarterly earnings data on Thursday, February 27th. The company reported ($0.
03) earnings per share for the quarter, hitting analysts’ consensus estimates of ($0.03). Nextdoor had a negative net margin of 53.
23% and a negative return on equity of 19.42%. The company had revenue of $65.
23 million during the quarter, compared to analyst estimates of $63.12 million. Research analysts predict that Nextdoor Holdings, Inc.
will post -0.22 EPS for the current fiscal year. Analysts Set New Price TargetsSeveral analysts have recently weighed in on the company.
Craig Hallum initiated coverage on Nextdoor in a research report on Thursday, January 30th. They set a “buy” rating and a $4.00 target price for the company.
The Goldman Sachs Group decreased their price objective on shares of Nextdoor from $3.00 to $2.50 and set a “neutral” rating for the company in a report on Monday, March 3rd.
View Our Latest Report on NextdoorInsiders Place Their BetsIn other news, General Counsel Sophia Schwartz sold 15,000 shares of the firm’s stock in a transaction on Friday, March 7th. The stock was sold at an average price of $1.72, for a total value of $25,800.
00. Following the completion of the sale, the general counsel now owns 267,445 shares of the company’s stock, valued at $460,005.40.
This trade represents a 5.31 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.
46.04% of the stock is currently owned by corporate insiders. About Nextdoor (Free Report)Nextdoor Holdings, Inc operates a neighborhood network that connects neighbors, businesses, and public services in the United States and internationally.
The company enables neighbors and organizations to get information, give and get help, and build connections. It also offers advertising solutions, designs to generate value for businesses for connection and sales expansion.Read MoreFive stocks we like better than NextdoorProfitably Trade Stocks at 52-Week HighsJPMorgan is a Buy, if You Can Handle The Volatility Stock Splits, Do They Really Impact Investors?United States Steel’s Crash: An Unmissable Buying Opportunity5 Top Rated Dividend Stocks to ConsiderRocket Lab Stock: Weathering the Storm, Time for a Comeback?Want to see what other hedge funds are holding KIND? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Nextdoor Holdings, Inc. (NYSE:KIND – Free Report)..
